NonprofitsHerreshoff Marine Museum

Arts, Culture & Humanities

Herreshoff Marine Museum

BRISTOL, RI

Total revenue

$1.7M

Total expenses

$1.9M

Net assets

$3.3M

Grants received

$1.1M

109 grants

EIN

237102744

Tax year

2024

Mission

Interpret the history & accomplishments of the herreshoff manufacturing co. & america's cup.

Programs

3 programs

Museum activities and admissions: the herreshoff marine museum and america's cup hall of fame are dedicated to the inspiration and education of the public through the presentation of the history and innovative work of the herreshoff manufacturing company and the america's cup competition. Visitors to the museum have the opportunity to explore the world's largest collection of any one naval architect's life work. The genius of the herreshoff brothers is unsurpassed in its cominbation of business acumen and innovation.

Expenses: $411K

Program events: the museum's monthly lecture series brings the knowledge of established authors, sailors, and experts directly to the public. Topics cover historic maritime events, contemporary exhibits and sailing programs, and ongoing restoration projects and replica builds. Program events also include the herreshoff classic yacht regatta which brings classic yacht enthusiasts to the museum on narragansett bay for an annual celebration of the herreshoff manufacturing company heritage.

Expenses: $30K

Expenses for other program services include museum store payroll and fixtures, repairs and maintenance of multiple historic buildings on the organization's campus, and specialty projects for content development. The balance of program service revenue is from commercial sponsors.

Expenses: $126K

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$559K
Investment income$59K
Other revenue
Total revenue$1.7M

Expenses

Grants paid
Salaries & benefits$809K
Fundraising$255K
Other expenses$1.1M
Total expenses$1.9M
Total assets$4.7M
Net assets$3.3M

People

22 listed

NameRoleCompensation

WILLIAM H LYNN

PRESIDENT AND EXECUTIVE DI

Board

$145K

40 hrs/wk

NEVIN CARR

DIRECTOR

Board

1 hrs/wk

THOMAS CULORA

DIRECTOR

Board

1 hrs/wk

DAVID FORD

CHAIRMAN EMERITUS

Board

3 hrs/wk

HALSEY C HERRESHOFF

DIRECTOR

Board

1 hrs/wk

HALSEY C HERRESHOFF II

DIRECTOR

Board

1 hrs/wk

ELISABETH LAVERS

EX OFFICIO, SECRETARY

Board

1 hrs/wk

LAWRENCE D LAVERS

DIRECTOR

Board

1 hrs/wk

JOHN JAY PICOTTE

DIRECTOR

Board

1 hrs/wk

ALISON PONDER

VICE CHAIR

Board

1 hrs/wk

ROBERT D YARO

CHAIRMAN

Board

1 hrs/wk

PAUL BURMEISTER

TREASURER

Board

1 hrs/wk

ERIC HALL

DIRECTOR

Board

1 hrs/wk

GINA MACDONALD

DIRECTOR

Board

1 hrs/wk

DAVID COIT

DIRECTOR

Board

3 hrs/wk

PETER GERARD

DIRECTOR

Board

1 hrs/wk

ROBERT BOB GIRRIER

DIRECTOR

Board

1 hrs/wk

TIMOTHY L PALMER

DIRECTOR

Board

1 hrs/wk

MEGHAN STASZ

DIRECTOR

Board

1 hrs/wk

JIM SHRINER

DIRECTOR

Board

1 hrs/wk

ROBERT AYERLE

DIRECTOR

Board

1 hrs/wk

LADY GAY SUTTON

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 109 of 109

FromAmountPurposeYear
$57K
AFTERSCHOOL PROGRAM VEHICLE
2024
$25K
GENERAL CHARITABLE PURPOSES
2024
$15K
UNRESTRICTED
2024
$13K
ART - ARTS AND CULTURE (PRIMARY)
2024
$10K
UNRESTRICTED GENERAL
2024
$10K
EDUCATION PROGRAMS
2024
$4K
General & Unrestricted
2024
$3K
GENERAL CHARITABLE
2024
$2K
HVAC replacement project
2024
$500
SUMMER APPEAL PROGRAM
2024
$75K
GENERAL OPERATING
2023
$49K
HVAC UPGRADE
2023
$40K
For grant recipient's exempt purposes
2023
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$15K
EDUCATION PROGRAMS
2023
$15K
ARTS, CULTURE & HUMANITIES
2023
$10K
Program Funding
2023
$10K
GENERAL CHARITABLE PURPOSES
2023
$10K
UNRESTRICTED GENERAL
2023
$10K
Operating Support/Annual Fund
2023
$10K
UNRESTRICTED
2023
$5K
LECTURE SERICES & ARTIFACT
2023
$5K
GENERAL OPERATING SUPPORT
2023
$4K
General & Unrestricted
2023
$3K
TO ASSIST IN THE EDUCATION AND INSPIRATION OF THE PUBLIC THROUGH PRESENTATIONS OF THE HISTORY AND INNOVATIVE WORK OF THE HEFFESHOFF MANUFACTURING COMPANY AND THE AMERICA'S CUP COMPETITION
2023
$1K
GENERAL CHARITABLE
2023
$100
CHARITABLE
2023
$100K
UNRESTRICTED
2022
$26K
For grant recipient's exempt purposes
2022
$25K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2022
$22K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$17K
STAY CALM AND ENJOY THE
2022
$13K
GENERAL OPERATING SUPPORT
2022
$12K
ARTS, CULTURE & HUMANITIES
2022
$10K
GENERAL CHARITABLE PURPOSES
2022
$10K
EDUCATIONAL ACTIVITIES
2022
$10K
EDUCATION PROGRAMS
2022
$10K
UNRESTRICTED GENERAL
2022
$10K
Program Funding
2022
$8K
SUMMER JAZZ SERIES
2022
$7K
CULTURE & ARTS
2022
$5K
CHARITABLE
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$5K
CHARITABLE
2022
$3K
EDUCATION PROGRAMS
2022
$3K
TO ASSIST IN THE EDUCATION AND INSPIRATION OF THE PUBLIC THROUGH PRESENTATIONS OF THE HISTORY AND INNOVATIVE WORK OF THE HEFFESHOFF MANUFACTURING COMPANY AND THE AMERICA'S CUP COMPETITION
2022
$1K
GENERAL CHARITABLE
2022
$500
GENERAL
2022
$18K
For grant recipient's exempt purposes
2021
$18K
For grant recipient's exempt purposes
2021
$15K
UNRESTRICTED GENERAL
2021
$14K
ARTS, CULTURE & HUMANITIES
2021
$11K
GENERAL SUPPORT
2021
$11K
For recipient's exempt purpose
2021
$47K
For grant recipient's exempt purposes
2020
$15K
UNRESTRICTED GENERAL
2020
$13K
ARTS, CULTURE & HUMANITIES
2020
$12K
GENERAL OPERATING
2020
$12K
GENERAL OPERATING
2020
$10K
DESIGNATED DONATION
2020
$10K
GENERAL CHARITABLE
2020
$10K
UNRESTRICTED GRANT TO GENERAL FUND
2020
$10K
UNRESTRICTED
2020
$10K
Seamanship Program Funding
2020
$6K
CULTURE & ARTS
2020
$1K
General Support
2020
$500
GENERAL SUPPORT
2020
$500
GENERAL PURPOSE
2020
$500
FURTHER ORGANIZATION'S EXEMPT PURPOSE
2020
$113
EMPLOYEE MATCHING GRANT
2020
$88
GENERAL PURPOSE
2020
$27K
For grant recipient's exempt purposes
2019
$10K
UNRESTRICTED GENERAL
2019
$19K
For grant recipient's exempt purposes
2018
$100
Support to help improve programs
2018
$25K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$1.1M from 46 funders · 109 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$221K · 8 grants · 2017–2023

Kane Wallace Foundation

$135K · 4 grants · 2020–2024

The Champlin Foundation

$107K · 2 grants · 2023–2024

The Rhode Island Community Foundation

$77K · 8 grants · 2020–2024

Peggy N & Roger G Gerry Charitable

$75K · 1 grant · 2023

Helen And Ritter Shumway Fdn

$70K · 6 grants · 2019–2024

Donor Advised Charitable Giving Inc

$54K · 4 grants · 2020–2023

Vanguard Charitable Endowment Program

$48K · 3 grants · 2021–2023

Details

EIN237102744
NTEE codeA540
Subsection03
Ruling date1994-04
Formed1971
Employees38
Volunteers29
HERRESHOFF MARINE MUSEUM — Mission, Financials & Grants Received | Grantivo